't BOSKE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
't BOSKE
Largest movements
- Current investments -€100,000
down €100,000 (-25.0%), from €400,000 to €300,000
- Cash +€63,281
up €63,281 (+130.4%), from €48,524 to €111,805
mainly Current investments (+€100,000) and Net result for the year (+€65,392)
- Tangible fixed assets +€49,774
up €49,774 (+104.2%), from €47,782 to €97,555
of which Furniture and vehicles: +€42,581
- Reserves +€65,392
up €65,392 (+17.6%), from €371,751 to €437,143
of which Distributable reserves: +€65,392
- Other debts -€33,557
down €33,557 (-95.7%), from €35,057 to €1,500
- Debts after one year -€15,514
down €15,514 (-32.9%), from €47,190 to €31,676
- Gross operating margin +€12,051
up €12,051 (+9.8%), from €122,616 to €134,666
- Depreciation +€9,296
up €9,296 (+84.8%), from €10,956 to €20,251
- Financial income -€8,339
down €8,339 (-77.1%), from €10,812 to €2,473
- Staff costs -€3,866
down €3,866 (-17.2%), from €22,439 to €18,573
- Taxes -€2,231
down €2,231 (-7.4%), from €30,177 to €27,946
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507,079 | €520,587 | +€13,508 | +2.7% |
| Fixed assets | 21/28 | €47,782 | €97,555 | +€49,774 | +104.2% |
| Tangible fixed assets | 22/27 | €47,782 | €97,555 | +€49,774 | +104.2% |
| Land and buildings | 22 | €41,187 | €34,839 | -€6,348 | -15.4% |
| Plant, machinery and equipment | 23 | €6,594 | €20,135 | +€13,540 | +205.3% |
| Furniture and vehicles | 24 | €0 | €42,581 | +€42,581 | |
| Current assets | 29/58 | €459,297 | €423,031 | -€36,266 | -7.9% |
| Stocks and contracts in progress | 3 | €3,567 | €2,750 | -€817 | -22.9% |
| Stocks | 30/36 | €3,567 | €2,750 | -€817 | -22.9% |
| Amounts receivable within one year | 40/41 | €3,270 | €4,002 | +€732 | +22.4% |
| Other amounts receivable | 41 | €3,270 | €4,002 | +€732 | +22.4% |
| Current investments | 50/53 | €400,000 | €300,000 | -€100,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €48,524 | €111,805 | +€63,281 | +130.4% |
| Deferred charges and accrued income | 490/1 | €3,936 | €4,474 | +€538 | +13.7% |
| Total equity and liabilities | 10/49 | €507,079 | €520,587 | +€13,508 | +2.7% |
| Equity | 10/15 | €390,351 | €455,743 | +€65,392 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €371,751 | €437,143 | +€65,392 | +17.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €371,751 | €437,143 | +€65,392 | +17.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,728 | €64,844 | -€51,884 | -44.4% |
| Amounts payable after more than one year | 17 | €47,190 | €31,676 | -€15,514 | -32.9% |
| Financial debts | 170/4 | €47,190 | €31,676 | -€15,514 | -32.9% |
| Amounts payable within one year | 42/48 | €69,538 | €32,857 | -€36,681 | -52.7% |
| Current portion of amounts payable after more than one year | 42 | €18,705 | €18,900 | +€195 | +1.0% |
| Trade debts | 44 | €7,716 | €4,440 | -€3,276 | -42.5% |
| Suppliers | 440/4 | €7,716 | €4,440 | -€3,276 | -42.5% |
| Taxes, remuneration and social security | 45 | €8,060 | €8,017 | -€43 | -0.5% |
| Taxes | 450/3 | €7,623 | €7,209 | -€414 | -5.4% |
| Remuneration and social security | 454/9 | €437 | €808 | +€371 | +85.0% |
| Other amounts payable | 47/48 | €35,057 | €1,500 | -€33,557 | -95.7% |
| Accrued charges and deferred income | 492/3 | - | €310 | +€310 | |
| Non-recurring operating income | 76A | €826 | €0 | -€826 | -100.0% |
| Remuneration, social security and pensions | 62 | €22,439 | €18,573 | -€3,866 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,956 | €20,251 | +€9,296 | +84.8% |
| Other operating charges | 640/8 | €4,182 | €3,242 | -€940 | -22.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €122,616 | €134,666 | +€12,051 | +9.8% |
| Operating profit (loss) | 9901 | €85,039 | €92,600 | +€7,561 | +8.9% |
| Financial income | 75/76B | €10,812 | €2,473 | -€8,339 | -77.1% |
| Recurring financial income | 75 | €10,812 | €2,473 | -€8,339 | -77.1% |
| Financial charges | 65/66B | €2,101 | €1,736 | -€365 | -17.4% |
| Recurring financial charges | 65 | €2,101 | €1,736 | -€365 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €93,750 | €93,337 | -€412 | -0.4% |
| Income taxes | 67/77 | €30,177 | €27,946 | -€2,231 | -7.4% |
| Profit (loss) for the period | 9904 | €63,573 | €65,392 | +€1,819 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,573 | €65,392 | +€1,819 | +2.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.